Quite possibly not, according to a Deutsche Bank report. However, as the report makes the clear, the same types of imbalances are building in the Chinese economy which led to Japan’s “Lost Decade” of the 1990s. Time to take stock and have a contingency plan?
Asian Chemical Connections
The beginning of the end?
For three wonderful years, petrochemical producers have had the pricing power thanks to tight supply and demand balances and very strong growth economic growth. Now with crude close to pushing past the pyschologically important $100 a barrel barrier and construction sectors in the West slowing down on the sub-prime crisis, the polyvinyl chloride industry in […]
Will free forecasting have its Wiki way?
Now, please be patient – the sting is in the tail. This could have great relevance to your business….. The industry in which I work – the media – has been decimated by the Internet with billions of dollars of earnings and hundreds of thousands of livelihoods sucked out of traditional publishing by online advertising. […]
Asia needs a recesssion
Asian industry leaders are playing lip service to the environmental crisis the world confronts . George Monbiot, the excellent author and journalist, argues that what the West needs is a recession to give the planet a breather.Asia also needs a substantial economic slowdown to give policymakers and technology developers more time.
The flawed “science” of forecasting
Maybe I’ve been to too many conferences this year, and indeed over the last decade, and have seen too many forecasts go wrong. Call me cynical, or plain wrong, but………..
I wish the energy game were as simple as this…..
Click on the link here for a virtual way of boosting your green credentials without having to recycle one actual plastic bag, being knocked into the gutter by a gargantuam-bellied white van driver while cycling to work or cancelling one flight to the other side of the world to broaden your dinner party conversation – […]
Is your glass half empty of half full?
Hopefully, completely empty if you happen to live in China and can only afford to drink tap water. However, it’s not the environment that this is this week being viewed as the biggest threat to the economy, but rather inflation as this article from ICIS news explains.
There’ s no hope for the planet
If anybody can spot the blatant hypocrisy, or disturbing ignorance, which is a prominent feature of the extended entry below, please feel free to comment. I expect the guy from Hood River will want to have his say.
A load of bull or rational exuberance?
I was in India this week as the Times of India carried a front page cartoon of a bull dressed in a Superman outfit with an ‘S’ on his shirt to mark the Sensex surging past 20,000. All the talk was of the index taking 20 years to reach its first 10,000 with the second […]
The idiocy and hypocrisy of biofuels
I am having a go at the US here (see article below) – a pretty big target – but don’t worry, Asia is the next in line on this blog: the opportunistic, shallow and downright unpleasant palm oil-based biodiesel industry deserves similar treatment. As for ethanol, Rex Tillerson has a point. The CEO of ExxonMobil […]
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